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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: Jim McMannis who wrote (36263)8/21/2011 6:47:23 PM
From: koan  Read Replies (2) of 119360
 
<<Normally, Germany has fiscal restraint. That's why they are kicking themselves for joining the EU.
Not to mention social restraint.

Yes, Germany still remembers the Wiemer Republic and hyperinflation. But Germany did get a lot of benefit from the euro until recently e.g. lower currency.

Look at the metals go!! But that is what many of us expected tonight I think. Too much fear and no more currency of last resort really.
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